Saving the market from itself : the politics of financial intervention / Christopher Mitchell, George Washington University, Washington, DC.

Format:

Book

Author/Creator:

Mitchell, Christopher (Political scientist), author.

Language:

English

Subjects (All):

Financial crises--Government policy.

Financial crises.

Monetary policy.

Economic policy.

Physical Description:

xii, 244 pages ; 24 cm

Place of Publication:

Cambridge, United Kingdom : Cambridge University Press, 2016.

Summary:

The 2007?9 financial crisis threatened economic disaster on a scale not seen since the Great Depression, but rapid state action prevented the widely feared devastation. The German response was considerably more generous to banks than the American or British bailouts. Drawing on interviews and primary sources in government, private firms, and media, Mitchell explains how the structure of national financial systems and interbank relationships produced extensive private rescues and pressure on different states. Mitchell explores the different responses and results in Germany, the UK and the US using a combination of detailed case study analyses of the three countries' responses to the crisis and a quantitative analysis of patterns of state responses to financial crises. This book will be essential reading for scholars and advanced students of political economy, comparative politics, economic sociology, economics, and public policy.

Contents:

Introduction

A Theory of Responses to Financial Crises

Germany and the 2007-2009 Crisis

The United Kingdom and the 2007-2009 Crisis

The United States and the 2007-2009 Crisis

Conclusion.

Notes:

Includes bibliographical references and index.

ISBN:

9781107159235

1107159237

9781316612101

1316612104

OCLC:

952389253